Unit 3 Vocab Words

What is a tariff?

• a ban placed on all trade with a particular country.

• a tax placed on goods imported from a country.

• limit on the amount of goods that can be imported from a country.

• the total value of goods produced.

What is a quota?

• A tax placed on goods imported from a country.

• A ban placed on all trade.

• A ban placed on partial trade.

• A limit on the amount of goods that can be imported from a country.

What is an embargo?

• A ban placed on all trade with a particular country.

• A ban placed on one product.

• A ban placed on a OPEC.

• A ban placed on a Government.

What is gross domestic product?

• A country placing a ban on another country.

• Total Value of goods produced and services provided in a country during one year.

What is OPEC? Created by Iran, Iraq, Saudi arabia, Kuwait , and Venezuela?

• an organization to keep the oil market stable.

• and organization to help middle eastern countries.

What is a Presidential Democracy?

• Executive power that elected separately from the Legislature

• Executive power that is decided by the legislature.

What is Parliamentary democracy?

• Voters elect the Prime Minister to be in control.

• Voters elect the legislature, and then the legislature appoints a Prime Minister .

What does Bicameral mean?

• 1 legislative chamber

• 2 legislative chambers

• Has 3 legislative chambers

What does Unicameral mean?

• Having 1 legislative chamber

• Having 2 or more legislative chambers.

What does Autocracy mean?

• Government power is distributed among government officials.

• Government power is held by a person with absolute power.